Dynamic Payment Card

Abstract

Disclosed are various embodiments for the creation of a payment card that is programmable by a user in order to access one or more accounts from multiple financial institutions and/or other institutions. The payment card includes an account selection application that facilitates selection of one of the transaction accounts associated with the payment card. A processor circuit then determines a code that corresponds with the respective one of the transaction accounts and facilitates the embodiment of the corresponding code to a dynamic magnetic strip located on the payment card.

Therefore, the following is claimed: 
     
         1 . A non-transitory computer-readable medium embodying a program executable in a computing device, the program comprising:
 code that facilitates a selection of one of a plurality of transaction accounts based on an input from an input mechanism located on a payment card, the input being selected from a group consisting of: a location system, a user input, and an internal clock, wherein the input mechanism is in communication with a processor circuit positioned on the payment card, wherein the input is provided by a mechanism selected from a group consisting of: a touch screen display device, a plurality of buttons, and a keyboard; and   code that directs a dynamic account code mechanism located on the payment card to embody a code associated with the selected one of the transaction accounts.   
     
     
         2 . The non-transitory computer-readable medium of  claim 1 , wherein the location system is configured to generate a location of the payment card and provide the location to an account selection application. 
     
     
         3 . The non-transitory computer-readable medium of  claim 2 , wherein the code that facilitates the selection of the one of the transaction accounts further comprises code that selects the one of the transaction accounts based at least in part on the location of the payment card. 
     
     
         4 . The non-transitory computer-readable medium of  claim 1 , wherein the dynamic account code mechanism is a dynamic magnetic strip system. 
     
     
         5 . The non-transitory computer-readable medium of  claim 1 , wherein the dynamic account code mechanism is an RFID system. 
     
     
         6 . The non-transitory computer-readable medium of  claim 1 , wherein the code that facilitates the selection of the one of the plurality of transaction accounts is stored on a server. 
     
     
         7 . The non-transitory computer-readable medium of  claim 6 , wherein the code that directs the dynamic account code mechanism is stored on the server. 
     
     
         8 . The non-transitory computer-readable medium of  claim 7 , wherein the payment card is configured to communicate with the server. 
     
     
         9 . A payment card, comprising:
 a dynamic magnetic strip;   a processor circuit; and   an account selection application executed by the processor circuit, the account selection application comprising:
 logic that facilitates a selection of one of a plurality of transaction accounts; and 
 logic that directs the dynamic magnetic strip to embody a code associated with the one of the transaction accounts that has been selected. 
   
     
     
         10 . The payment card of  claim 9 , further comprising a global positioning system in communication with the processor circuit, the global positioning system being configured to generate a location of the payment card and provide the location of the payment card to the account selection application. 
     
     
         11 . The payment card of  claim 10 , wherein the logic that facilitates the selection of one of the transaction accounts further comprises logic that selects the one of the transaction accounts based at least in part on the location of the payment card. 
     
     
         12 . The payment card of  claim 9 , further comprising a user input mechanism in communication with the processor circuit, the user input mechanism being configured to provide the selected one of the transaction accounts to the account selection application. 
     
     
         13 . The payment card of  claim 12 , wherein the logic that facilitates the selection of one of the transaction accounts further comprises logic that selects the one of the transaction accounts based at least in part on the user input. 
     
     
         14 . The payment card of  claim 12 , wherein the user input mechanism further comprises at least one touch screen display device. 
     
     
         15 . The payment card of  claim 12 , wherein the user input mechanism further comprises at least one button. 
     
     
         16 . The payment of  claim 12 , wherein the user input mechanism further comprises an accelerometer. 
     
     
         17 . The payment card of  claim 9 , further comprising an internal clock in communication with the processor circuit, the internal clock being configured to provide a time to the account selection application. 
     
     
         18 . The payment card of  claim 17 , the logic that facilitates the selection of one of the transaction accounts further comprises logic that selects the one of the transaction accounts based at least in part on the time provided by the internal clock. 
     
     
         19 . A method, comprising the steps of:
 facilitating, in a computing device, a selection of one of a plurality of transaction accounts based at least in part on a user input mechanism; and   directing, in the computing device, a radio frequency identification (“RFID”) system positioned on a payment card to embody a code associated with the selected one of the transaction accounts.   
     
     
         20 . The method of  claim 19 , wherein the user input mechanism communicates with a processor circuit. 
     
     
         21 . The method of  claim 20 , wherein the user input mechanism is configured to provide the selected one of the transaction accounts to an account selection application. 
     
     
         22 . The method of  claim 21 , wherein the user input mechanism further comprises at least one touch screen display device. 
     
     
         23 . The method of  claim 21 , wherein the user input mechanism further comprises at least one button. 
     
     
         24 . The method of  claim 20 , wherein the user input mechanism further comprises an accelerometer. 
     
     
         25 . The method of  claim 19 , wherein the RFID is configured to be enabled by a user.